New Jersey adding more medical cannabis dispensaries
New Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on Thursday – in advance of even more opening in the coming months.
New Jersey MMJ Business News
New Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on Thursday – in advance of even more opening in the coming months.
While the United States has three times as many state medical marijuana markets than adult-use programs, recreational sales are expected to be roughly 30% or more above MMJ in 2020.
Some of New Jersey’s medical marijuana operators already are investing heavily to expand cultivation facilities and other infrastructure to prepare for the expected rollout of an adult-use market.
Innovative Industrial Properties, a San Diego-based, marijuana-centric real estate investment trust (REIT), has solidified yet another sale-leaseback deal, this time partnering on a New Jersey property with multistate operator Curaleaf Holdings.